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Offshore drilling contractor $ATW said that it is providing earnings guidance for 1Q16 due to unusual market volatility. The company expects its 1Q16 earnings to be in the range of $70-78MM ($1.05-1.20 per diluted share) on revenues of about $300-310MM. Contract drilling costs are expected to total $135-145MM for 1Q16.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?